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China trade ban

Thursday, November 30

Qld coal sector gets $7b windfall as global energy demand surges

Australia’s resources and energy exports have boomed by as much as $15 billion in three months and the ban by China’s on Australia’s coking coal, mostly from Queensland, has effectively been wiped out.

Third blow to China as thermal coal prices soar

First it was iron ore that soared, then coking coal, now thermal coal is riding a wave with prices reaching nine-year highs as China suffers once again from its trade ban with Australia.

New Hope has broken through the $1 billion profit level (photo supplied)

Chinese walls can't stop coal and gas fetching record prices

Queensland’s economy has been given a major boost with two of its biggest exports in a price boom.

Officials at odds with industry over China's coal ban impact

The queue of coal ships stranded off China has shrunk from 80 to 16 and the Federal Government believes the Chinese ban on Australian coal exports had only minor impacts.

Aurizon says China ban may have shifted coal permanently

China’s ban on Australian coal has combined with the pandemic to cut into Aurizon’s first-half profit, which slid 22 per cent to $267 million as the company also predicted the diversion of the commodity to other countries may become permanent.